NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Telecom equipment giant Ericsson Friday said that it bagged a deal with South Korean player SK Telecom to deliver a Cloud Packet Core solution for the operator’s 5G network. In an official statement the vendor said that its Cloud Packet Core, part of the company’s Cloud Core portfolio, will help…

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Global telecom equipment maker UTStarcom is planning to set up its manufacturing plant and a research and development centre in India after state-run telecom firm BSNL clears its dues. The Hong Kong-based company supplies network gears for broadband service. Bharat Sanchar Nigam Limited and Tata Teleservices are two of its…

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Swedish telecoms equipment maker Ericsson plans to invest 1 billion reais ($238.30 million) in Brazil to add a new assembly line dedicated to 5th generation technology (5G), supplying its Latin American operations, an executive told Reuters on Monday. The move is likely to stir competition with Finland’s Nokia and China’s…

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Spanish telecoms giant Telefonica has struck a deal to use some of U.S. rival AT&T’s infrastructure in Mexico, a move analysts said would better position both to compete with the market’s juggernaut, billionaire Carlos Slim’s America Movil. Under the agreement announced on Thursday, Telefonica will use AT&T’s wireless ‘last-mile’ equipment…

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Uncertainty over which telecom networks could be used is one of the reasons as to why France is likely to delay its 5G spectrum auction, the head of the French telecoms federation said on Wednesday. Earlier this week, Reuters reported that France is likely to delay its 5G spectrum auction…

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Bulgaria plans to offer frequencies for 5G wireless networks by the middle of 2020, the head of the telecoms regulator said on Tuesday. Bulgaria and other European countries are preparing to launch 5G services, which allow high-speed data downloads, and the EU targets having an operational 5G network in at…

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Bezeq Israel Telecom said on Monday it hoped it could soon start deploying its fibre optic network after the telecoms regulator opened the door to a less comprehensive service than it had previously demanded. Bezeq, the dominant telecoms group in Israel, has been locked in a battle with the regulator…

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Italy’s biggest phone group Telecom Italia (TIM) is asking infrastructure funds to come up with bids next week for the assets of smaller broadband rival Open Fiber that will include its own last-mile network, sources said. The former monopoly is pressing ahead with plans to find one or more funds…

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South Africa’s Telkom SA said on Friday it is in talks over a potential takeover of Cell C, the country’s third biggest mobile carrier that has been grappling with hefty debts. Telkom, which is 40% owned by the state and is itself struggling with an increasingly costly debt burden, said…

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Deutsche Telekom is keen to float or find a partner for its mobile towers assets, Chief Executive Tim Hoettges said on Wednesday, lavishing praise on Spain’s Cellnex (CLNX.MC) for its role in developing the telecoms infrastructure business. Europe’s largest telecoms group carved out its Deutsche Funkturm towers unit years ago…